Hi! Just making sure I'm organizing our filing correctly -
MFJ - with two W2 incomes and ~$20k of income from consultant side business (2015 was the first year for business - didn't do quarterly but will be in 2016). I'm looking to file taxes myself and just trying to make sure I include all the forms we plan to utilize before I work through printed sheets/instructions before ultimately e-filing free. Was planning to utilize:
1040
Schedule A
Schedule C (possibly using EZ version, not sure yet)
Edited to add schedule SE for self employment income
Form 8829 for home office use for side business (modest - 130sq ft and have been tracking related expenses)
Form 4562 for equipment used in side business that "came into use" for business during 2015 (computer, scanner, etc.)
Am I missing anything? I've been tracking mileage, entertainment, office expenses (% of home costs re insurance, principal, repairs), supplies, etc. I've got receipts for everything and have been overly cautious since this is our first year claiming a home office and side business. I've been doing a DIY schedule C tracker which shows my adjusted income after expenses is closer to $15,000 for 2015.
Any forms I'm leaving out as I work through our taxes?
We've paid a CPA in the past but were left unimpressed with his work last year. Have a great friend who is also a CPA who may do our taxes for us in future years if side business keeps growing, but wanted to learn how to do it myself this year.